tax reform

  • Business NewsTaxing times: Thailand cashes in on digital currency revolution

    Taxing times: Thailand cashes in on digital currency revolution

    Finance Minister Pichai Chunhavajira has committed to comprehensive tax reform aimed at enhancing Thailand’s competitiveness and promoting the use of digital currency by the end of the year. During a seminar organised by the Marketing Association of Thailand, Pichai explained that the ministry’s strategy involves fostering business partnerships through incentives and attractive measures. He emphasised the necessity of revising the…

  • Business NewsThailand unveils tax reform: Corporate tax cut, VAT hike rejected

    Thailand unveils tax reform: Corporate tax cut, VAT hike rejected

    Finance Minister Pichai Chunhavajira unveiled a bold tax reform plan to supercharge state revenue, drive national development, and level the economic playing field in Thailand. The announcement was made at the Sustainability Forum 2025, an event championing sustainable economic growth. Central to the plan is slashing the corporate income tax rate to 15%, aligning with OECD guidelines to keep Thailand…